Good Ol' Uncle Sam

[Melanie Baldridge]

You’re going to pay this entity more money than anyone else in your life.

If you're successful, that could mean that you will pay them millions over the course of your business career.

So who is “this entity?”

That's right. Good old Uncle Sam.

For most folks in the US, taxes are anywhere from 30-50% of their gross income every year.

To protect yourself, you should do 2 key things.

1. Study and learn how the tax code works and where you might be able to optimize and save.

2. Hire the very best people you can to advise you based on your exact situation and circumstances and then let them help you implement a solid tax strategy that makes sense for you.

Regardless of your position and role, this is without a doubt one of the highest leverage activities that you can do.

Remember, it's not just about what you make, it's about what you keep in the end that matters most.